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Nov 27, 2012
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how is he going to close the other part of that deficit? you know, his proposal right now, the most he can say would raise would be about $68 billion when our deficit last year was $90 billion. what is the president's plan for closing the additional additional $1 trillion worth of deficit? i think that's incumbent on the president to put forward his plan. >> from your standpoint alone, there's no way you see fit in the coming 35 days that you would break that pledge with glove norquist. >> well, thomas, let's use a couple numbers here. even with this measly economic growth we've seen the last three years, revenue at the federal government has increased $344 billion per year. if we just return to a normal economy that returns about 18.5%, that would increase revenue an additional over $400 billion per year, that's $750 billion of revenue per year through economic growth. and the president, his proposal would raise 1/10 of that but would put at risk the economic growth and that $750 billion. so -- >> sir, with all due respect, though -- >> co
how is he going to close the other part of that deficit? you know, his proposal right now, the most he can say would raise would be about $68 billion when our deficit last year was $90 billion. what is the president's plan for closing the additional additional $1 trillion worth of deficit? i think that's incumbent on the president to put forward his plan. >> from your standpoint alone, there's no way you see fit in the coming 35 days that you would break that pledge with glove norquist....
SFGTV2: San Francisco Government Television
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Nov 29, 2012
11/12
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i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of p
i have be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and...
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Nov 25, 2012
11/12
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doesn't add to the deficit. but whether it comes to medicare and medicaid protect the integrity of the program but give it sol venzke for more and more years. >> let me ask you about the fallout on the u.s. consulate and u.s. ambassador susan rice. you've been critical of her and for the first time she respon d ed. take a look. >> when discussing our facilities in benghazi shgs i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary and that our investigations would give us the definitive answer. >> and senator graham, we learned this week from the director of central intelligence agency, that references of al qaeda were taken out for security reasons not for political reasons. do you accept the explanation by ambassador rice? >> i don't believe that the best intelligence assessment on 16, september was that there was a spontaneous event in benghazi based on a video that led to a mob that became a riot. the cia station chief
doesn't add to the deficit. but whether it comes to medicare and medicaid protect the integrity of the program but give it sol venzke for more and more years. >> let me ask you about the fallout on the u.s. consulate and u.s. ambassador susan rice. you've been critical of her and for the first time she respon d ed. take a look. >> when discussing our facilities in benghazi shgs i relied solely and squarely on the information provided to me by the intelligence community. i made clear...
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Nov 25, 2012
11/12
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>> so much of the federal deficit does come from ticket demographic problem, which is that many baby boomers are going to be retiring -- the fact -- come from a demographic problem, which is that many baby boomers are going to be retiring. >> we are maintaining the position of no cuts, because there's not any conversation happening in this capital area yet about revenue. that there can be improvements in the delivery of medicare. the demographic problem in this country in our minds has to be solved by creating good jobs and getting the economy growing from people spending again because i have enough money in their pockets to generate the kind of revenue that will allow for the medicare system to be solvent through the next generation. >> would you go along with passed medicare cuts of president obama has proposed in past budgets, and seek to cut the rate of growth? >> our current position is that there is no reason to entertain any question like that, because there is no indication that we're going to break on revenue. it is important to maintain and no cuts position to break the no
>> so much of the federal deficit does come from ticket demographic problem, which is that many baby boomers are going to be retiring -- the fact -- come from a demographic problem, which is that many baby boomers are going to be retiring. >> we are maintaining the position of no cuts, because there's not any conversation happening in this capital area yet about revenue. that there can be improvements in the delivery of medicare. the demographic problem in this country in our minds...
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Nov 21, 2012
11/12
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the majority of the american people want deficits and jobs are going head to head which they are, if you're cutting spending an raising taxes particularly on the people who spend their money in the economy immediately. the american people want jobs two to one. and so this is going to be the real challenge for us to sort of navigate this obstacle course and get squarely back on the issue of jobs to make sure that we're actually spending more in the short term and, you know, if you read the tea leaves with bernanke he's saying what he doesn't want is any immediate austerity that includes spending cuts as well as just tax increases. >> ben, do you agree with that sort of view, as ben bernanke as a secret liberal? >> i mean -- >> he's trying to fix the economy. >> i don't think there's any disagreement, nobody who's pro cliff, the framing of it and the whole idea was that this was something so horrific they would be forced to negotiate in good faith and reach a deal before it. i do think -- you're right. it does cast into relief the pretty broad consensus that immediate austerity is not
the majority of the american people want deficits and jobs are going head to head which they are, if you're cutting spending an raising taxes particularly on the people who spend their money in the economy immediately. the american people want jobs two to one. and so this is going to be the real challenge for us to sort of navigate this obstacle course and get squarely back on the issue of jobs to make sure that we're actually spending more in the short term and, you know, if you read the tea...
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Nov 22, 2012
11/12
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the reality is no amount of taxation of any is going to sve us from this incredible deficit. melissa: i hear you and i agree with you, but that message, feels like by virtue of the last election the rest of the country is not agreeing with that. >> i thk time will prove this is right. the president has to look at legacy, he is the worst president in all of americ history if the economy continues on a crash course as it is right now. the real opportunity is just presenting itself for folks in the tea party where we can say cuttg spending is the only answer. if you tax everybody that obama is talking about taxing, the most you could cut off the someg insanely small. that will not do anything. the message has to be to cut spending and until that resonates with americans, have to realize the economy will keep declining. melissa: ho huggies is a spendig problem, not a revenue problem? >> the left is always going to try to appeal to the low information voter. so we have to take information, make it really simple, on complicated and communicated in a narrative that can be marketed t
the reality is no amount of taxation of any is going to sve us from this incredible deficit. melissa: i hear you and i agree with you, but that message, feels like by virtue of the last election the rest of the country is not agreeing with that. >> i thk time will prove this is right. the president has to look at legacy, he is the worst president in all of americ history if the economy continues on a crash course as it is right now. the real opportunity is just presenting itself for folks...
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Nov 27, 2012
11/12
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we should address the drivers of the deficit and social security is not currently a driver of the deficit. >> they made that abundant ly clear. when they say entitlement reform it does not include social security and what they define it as. grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that the republicans don't have their fingerprints all over the murder weapon, their fingerprints all over a lousy budget deal with tax increases and no real spending, just as happened to republicans in 1990 which cost us the presidency in '92. >> "the wall street journal" defends norquist today writing, quote, the voters are smart enough to know that republicans who focus on mr. norquist are part of the problem. interesting calling out those republicans by the wall street editorial. norquist is a bit of a media creation. remember this. he's an easily digestible symbol of ideological purity. the people who actually
we should address the drivers of the deficit and social security is not currently a driver of the deficit. >> they made that abundant ly clear. when they say entitlement reform it does not include social security and what they define it as. grover norquist is having to defend himself after several prominent senate republicans indicated a willingness to break his famous pledge, arguing republicans who agree to tax hikes just like they did under president bush. >> it is important that...
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Nov 21, 2012
11/12
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. >> how do we move our country forward and reduce the deficit? by creating jobs and growing our economy. not by cutting programs that families rely on most. we need senators udall to continue to stand up for us. >> jennifer: do you think that democrats are going to feel as pressured by the unions as republicans feel pressured by grover norquist? >> organized labor is the best organized, most effective strongest arm on the left in this country. they are a great ally for the democratic party and so, of course the democrats will feel pressure from labor. they are also going to feel pressure from -- >> jennifer: are they going to compromise? >> we'll find out. the democrats aren't one party in lock step. have conservative democrats liberal democrats. so the unions can't force every democrat to do something. and there's pressure also from the middle. you said pressure from the right. pressure from the left. but there's pressure from the middle. a democratic interest group that has some swaining called third way released polling that said hey, look, th
. >> how do we move our country forward and reduce the deficit? by creating jobs and growing our economy. not by cutting programs that families rely on most. we need senators udall to continue to stand up for us. >> jennifer: do you think that democrats are going to feel as pressured by the unions as republicans feel pressured by grover norquist? >> organized labor is the best organized, most effective strongest arm on the left in this country. they are a great ally for the...
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Nov 26, 2012
11/12
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revenue, revenue that you get by asking higher income earners to pay a little bit more to reduce the deficit and so the president was really clear in the campaign and i think it is really important that he take that discussion to the country now because he has said to the congress, the president said to the congress, just extend immediately all the middle class tax cuts and then we can decide what to do with folks at the higher end. again, it is important to understand the president has proposed that everybody get continued tax relief, existing tax rates, on the first $250,000 of family income, so he says let's extend that for everybody right now, but he believes we should ask higher income individuals to pay a little bit more. >> house majority leader eric cantor was on morning joe talking about the grover norquist tax pledge and whether he like other republicans would be willing to jump ship. here is his answer. >> there is a lot that has been said about this pledge and i will tell you when i go to the constituents that have elected and re-elected me, it is not about that pledge. it really
revenue, revenue that you get by asking higher income earners to pay a little bit more to reduce the deficit and so the president was really clear in the campaign and i think it is really important that he take that discussion to the country now because he has said to the congress, the president said to the congress, just extend immediately all the middle class tax cuts and then we can decide what to do with folks at the higher end. again, it is important to understand the president has...
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Nov 21, 2012
11/12
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worse, there will be about 3,000 people that will have paralysis or significant permanent neurological deficits. it is a real problem. it is a real problem particularly in texas. >>trace: we look to the pictures of mosquitoes which we associate with the west nile and we associate mosquitoes with summer, are we off the hook or is this year round? >>guest: well, it depends where you are. there is a tendency to thing you are off the hook because the previous years is the warm weather because the warmer the weather the more the virus reproduces in the mosquito so it reproduces and you are bitten you will get the virus but because it is a disease of cycles we are not off the hook. >>trace: you talk about a cycle of the disease what do we know about future epidemics? >>guest: there will be future epidemics. in north dakota, for instance, which is the state that has the most cases of west nile virus reported per capita only 15 percent of the population has become infected so there is a long way to go. while you can get the virus and become infected and become immune if you have not been subjected to t
worse, there will be about 3,000 people that will have paralysis or significant permanent neurological deficits. it is a real problem. it is a real problem particularly in texas. >>trace: we look to the pictures of mosquitoes which we associate with the west nile and we associate mosquitoes with summer, are we off the hook or is this year round? >>guest: well, it depends where you are. there is a tendency to thing you are off the hook because the previous years is the warm weather...
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Nov 21, 2012
11/12
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that does not help us close the deficit gap. may be politically of fun move for someone to hang their hat on, but the deficit and an economic stadpoint, it's just is not make sense. melissa: i absolutely hear what you're saying in think there are people who agree with you. are you willing to stand that ground and not yield and go over the fiscal cliff rather than yielding on that position of marginal rates? >> kiffin important for us to solve this prblem i think with the economy flying solo and so slow, congress and the president ought not be creating turbulence right now. let's just solve this thing. let's all that the right way. melissa: i hear you. what do you do from there to avoid going over the cliff? >> i think the common ground is revenue. we know that we can balance and pay our debts and build that gdp, which is what are generating. eighteen, 18 and a half percent, @%different issue. we think we can work with the president and democrats to find a way to create new revenue, mean substantial revenue to start taxing. melis
that does not help us close the deficit gap. may be politically of fun move for someone to hang their hat on, but the deficit and an economic stadpoint, it's just is not make sense. melissa: i absolutely hear what you're saying in think there are people who agree with you. are you willing to stand that ground and not yield and go over the fiscal cliff rather than yielding on that position of marginal rates? >> kiffin important for us to solve this prblem i think with the economy flying...
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Nov 28, 2012
11/12
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but we heard no mention of congress dealing with our soaring debtor deficit spending, or where spending cuts of any type might come or how we are going to address the larger issue: we all know that tax hikes on the rich ain't going to get it down. progressive groups reportedly held a private meeting with senior obama administration white house officials. according to the "washington post" the groups were told not to worry about any entitlement reforms or big budget cuts. the so-called safety net programs according to them are not going to be touched and the progressive groups walked away feeling very happy. the report say the white house feels it does not need to compromise, period and is willing to let the big tax hike happen on everybody. the big tax hike is what everybody will face not just the rich or the middle class. they think they'll be in a better position to negotiate with the g.o.p. after that happens. chris stirewalt joins me, host of power play on foxnews.com. >> i was a little frightened, i thought something i, really bad was happening instead of the standard badness. megy
but we heard no mention of congress dealing with our soaring debtor deficit spending, or where spending cuts of any type might come or how we are going to address the larger issue: we all know that tax hikes on the rich ain't going to get it down. progressive groups reportedly held a private meeting with senior obama administration white house officials. according to the "washington post" the groups were told not to worry about any entitlement reforms or big budget cuts. the so-called...
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Nov 26, 2012
11/12
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>> s ocial security is not contributing to the current debt or the deficit. social security is something that needs to be shored up. it's relatively easy to do compared to the other -- compared to the other problems, but we need to take a balanced approach to the other problems. this idea that we can just -- you know, the american people didn't believe the republican party's nominee who said we can just get rid of some of these deductions. we can get rid of some of the loopholes. that's not going to work. >> i don't understand the, frankly, the contortions being taken by some republicans to avoid raising the tax rate even a point or two at this point. can you explain why it's so important not to raise the rate at all even if it means getting rid of all sorts of deductions? >> because i think you have to say before you raise the rates and say, hey, everyone needs to pay more, we need to look at things we can do to flatten the code, to grow the economy, why would you tell people they have to pay more, small businesses, individuals, before -- >> make them pay mo
>> s ocial security is not contributing to the current debt or the deficit. social security is something that needs to be shored up. it's relatively easy to do compared to the other -- compared to the other problems, but we need to take a balanced approach to the other problems. this idea that we can just -- you know, the american people didn't believe the republican party's nominee who said we can just get rid of some of these deductions. we can get rid of some of the loopholes. that's...
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Nov 27, 2012
11/12
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CNNW
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let's make sure that revenue is an integral part of deficit deduction. and, yes, from my side of the table, bring entitlement reform into the conversation. >> so far, senator durbin has limited company among some fellow democrats. keeping them honest during the last budget showdown, both sides talked like this, but then they backed away. also as we mentioned a moment ago, there are late new signs that nobody's quite ready to cut a deal. another round of white house talks between congressional leaders and president obama was promised but is yet to materialize. a senate democratic leadership aide telling us that staff level meetings meant to lay the groundwork haven't been productive. one senate republican leadership aid accuses democrats of leaking details in order to portray republicans negatively. but the aide notes that the talks are continuing, which itself can be read as some sort of progress. whether that's real progress or washington progress, remains to be seen. a lot to talk about starting with tennessee republican senator bob corker. senator cor
let's make sure that revenue is an integral part of deficit deduction. and, yes, from my side of the table, bring entitlement reform into the conversation. >> so far, senator durbin has limited company among some fellow democrats. keeping them honest during the last budget showdown, both sides talked like this, but then they backed away. also as we mentioned a moment ago, there are late new signs that nobody's quite ready to cut a deal. another round of white house talks between...
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Nov 22, 2012
11/12
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it doesn't make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehner's idea. obama care will not be part of debt negotiations. boehner is up to something here, don't you think? something else, that is. if you watch john boehner closely over the last two weeks, you can see him laying the ground work for the latest ploy. he called obama care the law of the land, but also tried to link it to obama care and the budget. >> you had said, next year, that you would repeal the health care vote. that's still your mission? >> well, i think the election changes that. it's pretty clear that the president was re-elected. obama care is the law of the land. i think there are parts of the health care law that are going to be very difficult to implement. and very expensive. and at a time where we're trying to find a way to create a path toward a balanced budget, everything has to be on the table. >> but you won't be spending the time next year, trying to repeal obama care? >> there are certainly may be parts of it that we b
it doesn't make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehner's idea. obama care will not be part of debt negotiations. boehner is up to something here, don't you think? something else, that is. if you watch john boehner closely over the last two weeks, you can see him laying the ground work for the latest ploy. he called obama care the law of the land, but also tried to link it to obama care and the...
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Nov 27, 2012
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deficit reduction. that's probably a little too much out of revenues over the short term. so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be talking about investment that will put americans back to work and that takes care of a third of the deficit. if you're talking about a grand bargain, okay, revenues putting people back to work and then we'll talking about cuts. >> that's a profound point. all of a sudden we're supposed to go into this grand bargain of medicare and medicaid because we went through recession and the tax base was low because there was a lot of people unemployed for months on end and we had to invest in the economy to where we've got it
deficit reduction. that's probably a little too much out of revenues over the short term. so let's go back to child tax credit and some middle income tax relief and that, but let's keep a substantial portion of that revenue and we don't have to the talking about stupid across the board cuts and do more targeted cutses in programs that need cutting and bolster those that need bolstering. one thing it, no one's talking about within-third of the deficit is due to high unemployment. we should be...
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Nov 27, 2012
11/12
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he wanted to cut the deficit by $500 billion. the republicans went to him with clash 490 billion -- $490 billion in spending cuts. the democrats said we can match your 500 billion, but you have to raise taxes. and george h.w. bush raised taxes, the two came in, never got the spending cuts at all, and they hung that around his neck in 1992, and it cost him the election. megyn: how did it happen that your dad agreed to the tax hikes but didn't get the spending cuts? >> yeah. well, how that works out is the fact that the tax hikes went into place first, and the spending cuts just never showed up. at all. remember, the united states early on controlled by republicans and bob dole, the house of representatives by the democrats. democrats had to put those things toward, so they made the promise, and they didn't follow through with the promise as with h.w. bush in 1990. so as i warned the other day in a tweet, if republicans do not getting the spending cuts before the revenue, they may end up on the ash heap of history. megyn: there was
he wanted to cut the deficit by $500 billion. the republicans went to him with clash 490 billion -- $490 billion in spending cuts. the democrats said we can match your 500 billion, but you have to raise taxes. and george h.w. bush raised taxes, the two came in, never got the spending cuts at all, and they hung that around his neck in 1992, and it cost him the election. megyn: how did it happen that your dad agreed to the tax hikes but didn't get the spending cuts? >> yeah. well, how that...
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Nov 29, 2012
11/12
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without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up. the underlying assumptions in our tax code are frankly out of step with the complexities of today's global economy. this is especially evident in our corporate tax code. on the domestic side of our corporate tax code, the u.s. has become the highest tax rate country among all the developed countries in the world. so canada just lowered their rate from 16.5% to 15%. our rate is 39.2% when you combine the state and federal burden. federal burden 35%. state burden closer to 5%, 6%. so right now, the average among all the developed countries in the
without adding a dime to the deficit, by the way. in fact, if done right, tax reform will increase revenues by spurring growth, job creation and therefore bigger tax receipts. tax reform is both a fiscal and competitive necessity for our country. it has been more than 25 years since we substantially reformed the tax code. twice as long, about 50 years since we did a bottom-up review of our international tax laws. the world has changed a lot in that time period and yet america has not kept up....
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Nov 26, 2012
11/12
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the issue of taxes and deficit and spending cuts. you have had bipartisan commission slight simpson-bowles and others. it doesn't take rocket science to reach an agreement to get the deficit down. our system of government was set up to be contentious. we have something called separation of powers. we further complicate the situation because our congress twoo bodies.nto tebet bodie you turn up the brakes if you don't reach consensus. it only takes people a goodwill working together in a bipartisan way to get things done. it does it mean people have to give up on their partisan differences. pass to be's will served. they have to reach a compromise and consensus. i am optimistic and feel it will be done. host: you are a senior fellow at the bipartisan policy center. what is the role of the center right now? guest: the center was set up by the last four majority leader's, two republicans and two democrats, to try to reach common ground. it could be issues like housing, immigration, the debt, and others. the goal is to see if we can get p
the issue of taxes and deficit and spending cuts. you have had bipartisan commission slight simpson-bowles and others. it doesn't take rocket science to reach an agreement to get the deficit down. our system of government was set up to be contentious. we have something called separation of powers. we further complicate the situation because our congress twoo bodies.nto tebet bodie you turn up the brakes if you don't reach consensus. it only takes people a goodwill working together in a...
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Nov 25, 2012
11/12
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social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, there isn't a deal. the former economics director it'll peter tracy, tells what did you say to expect if that happens and what will happen if it doesn't. let's talk positive, first. who do you think, if something comes together, will be the key players. >> we need to see president obama move off the position of entitlements and propose real reductions, tangible, real, so there is something to balance with the rather substantial tax proposals. >> shannon: who do you think in
social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem...
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Nov 26, 2012
11/12
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. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849 billion, includes $206 billion, of higher taxes on dividends. $123 billion, on limiting itemized deductions. $36 billion, higher taxes on capital gains. and, next, the white house want to raise another $584 billion, over ten years... $584 billion, of that, over ten years by reducing the value of certain tax breaks, cutting tax breaks related to charitable contributions and, by the way it may have an impact on the housing industry and that should get everybody a little excited. we have something good going here as the saying goes now, in the housing industry and let's quash that. the rest of the
. $1.3 trillion in deficit. $901 billion, for next year, in deficit and our national debt is now over $16 trillion, and everybody knows that, i don't need to write that down. and, the president's big plan, he wants -- wants $1.6 trillion in new taxes. and here's how he wants to get there. first he wants to raise 8$849 billion over ten years by allowing the bush tax cuts, here they go... away. on the 31st of december, this year. they'll expire for households with incomes more than $250,000, $849...
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Nov 25, 2012
11/12
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cutting spending, it has a negative impact but we're running a 40% deficit year in and year out. we have to long term get that better aligned. >>> you're going to get the question, does congress know where the deal is going to come on fiscal cliff ultimately and this is all just posturing? you really don't? >> absolutely not. look, we've been dealing with this for a long time and for every dollar in tacks that you're willing to spend, how do you cure that appetite in an instance? we have hard work ahead of us, no question. >> the rebel group known as m-23 took over a major city. they have plans to move on the capital. it's part of a very bloody, bloody regional war. it's seen atrocity on both sides. it's cost millions of lives. you've been very vocal about it. what should the u.s. be doing here? >> this is the greatest humanitarian crisis that nobody has ever heard of. somewhere between 3 to 4 million people have been killed in the last few years. you have uganda that spilled across the border. the eastern congo is an ungoverned space that many different rebel groups have come in
cutting spending, it has a negative impact but we're running a 40% deficit year in and year out. we have to long term get that better aligned. >>> you're going to get the question, does congress know where the deal is going to come on fiscal cliff ultimately and this is all just posturing? you really don't? >> absolutely not. look, we've been dealing with this for a long time and for every dollar in tacks that you're willing to spend, how do you cure that appetite in an instance?...
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Nov 26, 2012
11/12
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let's have a responsible solution that tackles taxes, that tackles entitlements, that tackles the deficit. let's have a comprehensive approach here that is a serious approach, no more kicking the can down the road. let's do it for real this time. >> fewer contortions usually better. i think we can all agree on that. anna navarro, great to see you any time of day. >>> all right, guys, here's the score card for the no tax pledge. 238 house members and 41 senators have signed the pledge. of those, only three are actually democrats and two of those three democrats will be out of office in january. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> so the heated debate
let's have a responsible solution that tackles taxes, that tackles entitlements, that tackles the deficit. let's have a comprehensive approach here that is a serious approach, no more kicking the can down the road. let's do it for real this time. >> fewer contortions usually better. i think we can all agree on that. anna navarro, great to see you any time of day. >>> all right, guys, here's the score card for the no tax pledge. 238 house members and 41 senators have signed the...
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Nov 29, 2012
11/12
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CURRENT
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oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread the hysteria and--and if their plan goes through the austerity plan, they and their company and their bonuses are actually the only thing that is going to improve in this economy. >> eliot: as they have over the past couple of years. income disparity is worse and worse and incomes are going up. lloyd blankfein telling people that they people should not expect to work for 25 years and then retire for 30. i don't think he understands what social security is all about. >>> the hispanic caucus said no today
oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and...
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Nov 28, 2012
11/12
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he started his first term by pledging to make entitlement reforms the center of the deficit reduction pla he's done nothing about it in nearly four years. lou: yeah. let me turn to the issue of the possibility of a republican reset, if i may, very quickly. the party, some say outright in disarray in defeat of the candidate, president obama's hands, and there's great hand wringing, gnashing of teeth, and wailing on the part of the republican party. the leadership seems to reside with speaker boehner and rinse -- reince, chairman of the rnc, who led the party to another defeat, second in the row, over the course of the past two cycles. at what point do republicans acknowledge there's a problem, we have to do things differently, find out what the message is, and find someone willing to listen to the message that will grow the party. >> well, i think, look, i think we've haddtremendous successes. in 2010, we took back the house, grew the majority in the house, took seats in the senate, a lot of seats in governorship, governor walker, scott, and so the party had a tremendous amount of succ
he started his first term by pledging to make entitlement reforms the center of the deficit reduction pla he's done nothing about it in nearly four years. lou: yeah. let me turn to the issue of the possibility of a republican reset, if i may, very quickly. the party, some say outright in disarray in defeat of the candidate, president obama's hands, and there's great hand wringing, gnashing of teeth, and wailing on the part of the republican party. the leadership seems to reside with speaker...
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Nov 29, 2012
11/12
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CSPAN
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us into these deficits. as the chairman just said -- social security has never contributed one penny to these deficits. why to cut the benefits of seniors on social security to pay for the misspending and bad ideas of previous congresses, i do not understand. that is what we are adamant about social security -- use it to buy down a debt created by other things? no. on medicare, if you all just take a close look at the record, a lot of democrats lost their seats because of republicans politicizing this issue. democrats have already come to the table $700 billion in savings in medicare already. we have reformed medicare through be affordable care act, and much of it is doubling to play out. $700 billion -- that is a lot. i have not seen any republicans come forward with a proposal that saves you $700 billion. we did that without having to cut any benefits for beneficiaries who earned as benefits. that was the beauty of the reforms we passed -- we found ways to extract savings, principally from waste and fraud,
us into these deficits. as the chairman just said -- social security has never contributed one penny to these deficits. why to cut the benefits of seniors on social security to pay for the misspending and bad ideas of previous congresses, i do not understand. that is what we are adamant about social security -- use it to buy down a debt created by other things? no. on medicare, if you all just take a close look at the record, a lot of democrats lost their seats because of republicans...
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Nov 28, 2012
11/12
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our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy, it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but -- the place where we already have in theory at least complete agreement, right now, is on middle-class taxes. and as i've said before, we have two choices. if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. starting january 1st, every family in america will see their taxes go up. a typical middle-class family of four, would see its income taxes go up by $2200. that's $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families just can't afford
our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy, it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but -- the place where we already have in theory at least complete agreement, right now, is on...
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Nov 22, 2012
11/12
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this is the deficit in '09 when president obama took office and inherited the deficit from president bush. over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it equals just 7%. so go ahead, boggle your uncle's mind with this chart. the bars below zero represent years when the deficit grew. these bars above zero represent years when the deficit shrunk. we're here right now in the deficit shrunk portion of the chart. the point of the shrinking on the whole chart back to 1950. when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wro
this is the deficit in '09 when president obama took office and inherited the deficit from president bush. over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us...
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Nov 27, 2012
11/12
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we don't know how much we address the deficit problem by closing loopholes. impasse. martha: we'll see where that goes. stuart, thanks very much. we'll talk to chris van hollen moments away. bob,er is also here today. we'll get to some of that with them. thanks, stuart. bill: some context from how far the revenue ending bush tax cuts would go. during the 2012 fiscal year it costs $9.7 billion a day to run the federal government. the additional revenue stopping bush tax cuts would bring in $82.4 billion. a number that would run the government for 8 1/2 days. senator corker says there is plan on the table for two years. martha: that grand bargain that was so close. we'll see where that is in terms of both sides. bill:. we're just getting started on this tuesday morning. how about this story? oh, my gosh, a toddler seconds away from almost certain death in this video as a car comes barreling around that bend. we'll show you what the rest of what happens here and we'll tell you what ended up happening. bill: there is new violence on the streets of key roy. in fact we're g
we don't know how much we address the deficit problem by closing loopholes. impasse. martha: we'll see where that goes. stuart, thanks very much. we'll talk to chris van hollen moments away. bob,er is also here today. we'll get to some of that with them. thanks, stuart. bill: some context from how far the revenue ending bush tax cuts would go. during the 2012 fiscal year it costs $9.7 billion a day to run the federal government. the additional revenue stopping bush tax cuts would bring in $82.4...
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Nov 23, 2012
11/12
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so if you're trying to get deficit reduction the affordable care act actually helps with deficit reduction. it doesn't hurt it. so, you know, again i think this is just posturing right now. we have so much common ground. this is the scary thing. we agree on the taxes shouldn't go up on 98% of the american people. we agree that these across the board spending cuts should not go in effect because they woxquld damage the economy. all we're fighting over now is tax rates on the top 2% of earners. this seems like something seems as if also based on what i've read and listening to the president and speaker boehner, it also seems as if both sides are trying to position themselves alluded to bases, trying to position themselves to save some face with their respective bases. trying to figure out how they keep the rates intact but also generate more revenue. you alluded to it. i want to put up a screen here. a full screen but "the new york times" reporting today, one suggestion being floated increasing taxes, keeping the rates the same meaning, for instance, that the entire of someone making 400,000
so if you're trying to get deficit reduction the affordable care act actually helps with deficit reduction. it doesn't hurt it. so, you know, again i think this is just posturing right now. we have so much common ground. this is the scary thing. we agree on the taxes shouldn't go up on 98% of the american people. we agree that these across the board spending cuts should not go in effect because they woxquld damage the economy. all we're fighting over now is tax rates on the top 2% of earners....
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Nov 27, 2012
11/12
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social security didn't cause the deficit. we don't need to cut social security to solve the problem. >> congressman defazio and a few others say let's go over the cliff if it means touching social security. what do you say? >> we should avoid going over the cliff, and the keys to the car are in the republicans' hands with respect to this tax issue. with respect to social security, i agree with what the president has said and what peter defazio said. social security is not part of the deficit and debt problem. we're not going to raid social security in order to balance other parts of the budget. as the president has said, you can deal with social security and try to strengthien it on yor own terms. with respect to health care, what we've said is we opposed the republican approach, which is simply to transfer rising health care costs onto the backs of seniors. what we should do and can do is build on the affordable care act where we found savings within the health care system by changes the incentive structures, by modernizing
social security didn't cause the deficit. we don't need to cut social security to solve the problem. >> congressman defazio and a few others say let's go over the cliff if it means touching social security. what do you say? >> we should avoid going over the cliff, and the keys to the car are in the republicans' hands with respect to this tax issue. with respect to social security, i agree with what the president has said and what peter defazio said. social security is not part of...
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Nov 26, 2012
11/12
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the whole tea party movement began as a principled protest against deficits and debt. people saying it was generational theft. the problem is if you start elevating the anti-tax pledge, that anti-tax absolutism, ahead of making a deal on deficit and debt, you're not going to get anywhere. only way you pay it down is if you agree we have to raise revenues. you can make an argument that the tea party movement should get behind a grand bargain, a deficit and debt deal, if they're serious about what they see and what they said was an existential threat to our country. we need to disenthrall ourselves from the extreme voices who choked off reasonable debate in washington. >> don't fear the grover. best quote of the day. john avalon, always a pressure. thank you for coming on. >>> looming fiscal cliff you're hearing so much about is one reason republicans are having a change of heart on this whole no tax pledge. the term fiscal cliff evokes scary imagery, but it is not so much a cliff as it is a set of stairs with the spending cuts and tax hikes getting more painful with eac
the whole tea party movement began as a principled protest against deficits and debt. people saying it was generational theft. the problem is if you start elevating the anti-tax pledge, that anti-tax absolutism, ahead of making a deal on deficit and debt, you're not going to get anywhere. only way you pay it down is if you agree we have to raise revenues. you can make an argument that the tea party movement should get behind a grand bargain, a deficit and debt deal, if they're serious about...
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Nov 28, 2012
11/12
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CURRENT
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that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of the world acknowledge there was some disparities, the ratio of ceo to comp that was crazy and they said we're going to pare that back. >> the compensation is out of whack. we got bailed out. we haven't been criminally prosecuted. the stock market has doubled. stock market has doubled under the obama administration. who we don't like. who we fought valiantly to try to defeat. they would have a lot more credibility if they said that. again, i made the argument that you know whatever it is, the business of the american people, you know used to be general motors. it
that's the real deficit that we need to worry about right now. for example jeffrey is part of this group. going around talking about cutting social safety net. his predecessor from the 20s and 40s owen young talked publicly about economic equality. he actually talked about how a man could not be free unless his wages were good. unless he was secure in his future and secured his retirement. it is a very different tune. >> eliot: let's make an important point. would the gold blankfein's of...
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Nov 26, 2012
11/12
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. >> let's make sure that revenue is an integral part of deficit reduction. yes, from my side of the table bring entitlement reform into the conversation. social security, set aside. doesn't add to the deficit but when it comes to medicare and medicaid, protect the integrity of the program but give it solvency for more and more years. martha: alabama republican jeff sessions is the ranking member on the senate budget committee. senator sessions good morning. good to have you here today. >> martha, thank you. martha: a lot of talk this morning after these sunday shows and watching both sides talk about this fiscal cliff about who seems to be moving and in what direction. what are you hearing, what are you hearing from lindsey graham who says, quote he is willing to break that pledge on taxes under certain circumstances? what are they really saying? >> i'm not sure what they're saying. there's a lot of this talk going on. i don't know who is speaking for the republican party. the house of representatives where you have a substantial republican majority but the
. >> let's make sure that revenue is an integral part of deficit reduction. yes, from my side of the table bring entitlement reform into the conversation. social security, set aside. doesn't add to the deficit but when it comes to medicare and medicaid, protect the integrity of the program but give it solvency for more and more years. martha: alabama republican jeff sessions is the ranking member on the senate budget committee. senator sessions good morning. good to have you here today....
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Nov 27, 2012
11/12
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it's all about the deficit. he's not interested in people's suffering. he's interested in the deficit. that's where his focus is. >> that's exactly right. and he's not interested in the argument that perhaps for a stronger economy we need to care about the middle class and if we keep chopping them off at the knees, there's not going to be anybody to buy the products from the companies they're investing in. >> ari, we know the president when he was in the midst of that negotiation of a grand bargain with speaker boehner, he contemplated the prospect of raising the age at which it would trigger entitlements, particularly for social security. do you think this time around he'll do the same or do you think progressives will hold him to account on that and say no, no way? >> i'm concerned about it, and i think the problem is the red lines on the left side of this debate are not as clear as the ones on the right. you know, everyone spent a lot of time worrying about whether grover norquist is happy. but the fact of the political ecology in washington is there
it's all about the deficit. he's not interested in people's suffering. he's interested in the deficit. that's where his focus is. >> that's exactly right. and he's not interested in the argument that perhaps for a stronger economy we need to care about the middle class and if we keep chopping them off at the knees, there's not going to be anybody to buy the products from the companies they're investing in. >> ari, we know the president when he was in the midst of that negotiation of...
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Nov 25, 2012
11/12
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at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted tax rates must rise. today a top democrat signalled openness to the republican stance. revenue could be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the fiscal cliff. we have to show the world we're adults. the election is over. >> reporter: one ceo of honeywell said there's so much uncertainty hanging over the economy because business isn't confident that washington can go its basic job. he says people like me just aren't hiring. kate. >>> mike viqueira at the white house. senator john mccain softened his tone after vowing to block the nomination of u.n. ambassador susan rice to be hillary clinton's successor. he argued that rice damaged her credibility when she said the attack was a spontaneous protest to an anti-muslim video not a planned terror attack. today mccain was asked i
at how we reform our entitlements because health care costs continue to be the biggest driver of our deficits. >> reporter: mr. obama has insisted tax rates must rise. today a top democrat signalled openness to the republican stance. revenue could be raised by closing loopholes and limiting deductions. >> they have to go up either real tax rates or effective tax rates. >> reporter: tax begin this week amid tentative steps toward common ground. >> we can't go off the...